On June 24, 2022, the Contracting Parties to the Energy Charter Treaty (“ECT” or “Treaty”) reached an Agreement in Principle on the Modernization of the ECT (“Modernization Agreement”). Once approved at the Energy Charter...more
The culmination of the economic effects resulting from COVID-19 has put significant pressure on the debt obligations of countries around the world, many of which were already facing debt struggles before the crisis. As of...more
Business operations, supply chains and the resolution of international disputes have experienced significant disruption as a result of the outbreak of the novel coronavirus (COVID-19) and actions taken by governments and...more
A federal court in Washington, D.C. has recognized and enforced a US$331 million arbitral award against Romania under an intra-EU BIT—notwithstanding the objection of the European Commission that the award is incompatible...more
9/19/2019
/ Arbitration ,
Arbitration Awards ,
Bilateral Investment Treaties ,
Court of Justice of the European Union (CJEU) ,
Enforcement Actions ,
Enforcement of Foreign Judgments ,
EU ,
European Commission ,
ICSID ,
International Arbitration ,
Member State ,
Motion to Dismiss ,
Post-Judgment Enforcement Actions ,
Romania ,
State Aid ,
United States
The Hong Kong International Arbitration Centre (HKIAC) recently released a new version of the HKIAC Administered Arbitration Rules, effective November 1, 2018. The new version updates the 2013 HKIAC Administered Arbitration...more
11/29/2018
/ Arbitration ,
Arbitration Awards ,
Arbitrators ,
Concurrent Litigation ,
Discovery ,
Dispute Resolution ,
Hong Kong ,
Hong Kong International Arbitration Centre (HKIAC) ,
International Arbitration ,
Litigation Funding ,
Multi-Party Litigation ,
Multiple Party Contracts ,
New Rules ,
Settlement Negotiations ,
Third Party Funding
Federal Law No. 6 of 2018 Concerning Arbitration (the "New Law") came into force on 16 June 2018. It applies to all arbitrations seated in the United Arab Emirates ("UAE") (excluding the DIFC and ADGM), and includes...more
A lot has been said about the uncertainties surrounding Brexit and its likely impact on doing business with and within the UK. Will London remain Europe’s financial centre? Will the UK reinstate customs duties on imports and...more
12/15/2016
/ Arbitration ,
Arbitration Awards ,
Bilateral Investment Treaties ,
Brussels Convention ,
Brussels Regulation ,
EFTA ,
European Commission ,
European Communities Act ,
Foreign Judgments ,
International Arbitration ,
International Litigation ,
Member State ,
New York Convention ,
Popular ,
UK ,
UK Brexit